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Theoretical Probability is the measure of likelihood that an event will have a particular outcome.
No. Probable means that a particular outcome is likely. Probability means the analytic likelihood of a particular outcome. Analysis (analytic, i.e. the method) means, for example, the evaluation of the outcomes to determine how well the experimental probability aligns with the theoretical probability.
In statistics, a likelihood function (often simply likelihood) is a function of a statistical model. The likelihood of a set parameter values, given outcomes x, is equal to the probability of those observed outcome.
It is the likelihood of any particular event occurring.
A specific outcome is the result of a particular action or event. The outcome of an action would vary greatly depending on the specific action.